Market announcement
EfTEN Real Estate Fund AS
LEI code
4851000008JBI71L7643
Size of the entity
Medium group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Management company
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
18032
Attachments
Submission date and time
09.12.2025 08:00:00
Content of announcement in Estonian
Title
EfTEN Real Estate Fund AS’i aktsia puhasväärtus seisuga 30.11.2025
Message
EfTEN Real Estate Fund AS teenis 2025. aasta novembris konsolideeritud üüritulu 2 703 tuhat eurot, püsides oktoobriga samal tasemel. Fondi konsolideeritud puhasüüritulu (NOI) oli novembris 2 568 tuhat eurot, vähenedes kuuga 6 tuhande euro võrra. 2025. aasta üheteistkümne kuu jooksul teenis fond konsolideeritud üüritulu kokku 29,08 miljonit eurot, mis on 3,1% rohkem kui eelmisel aastal samal perioodil. Konsolideeritud EBITDA ulatus samal perioodil 24,45 miljoni euroni, kasvades aastatagusega võrreldes 1,9%. Korrigeeritud rahavoog (EBITDA miinus laenude tagasimaksed miinus intressikulud) ulatus üheteistkümne kuu kokkuvõttes 11,9 miljoni euroni, kasvades aastatagusega võrreldes 19,9%, peamiselt seoses uute kinnisvarainvesteeringute soetusega eelmise aasta sügisel ja käesoleva aasta kevadel ning tulenevalt EURIBORi langusest. Fondi laenude kaalutud keskmine intressimäär oli novembri lõpus 3,99%. Fondi konsolideeritud 11 kuu tulemuste põhjal on fond teeninud investoritele potentsiaalset brutodividendi 82,91 senti aktsia kohta, mis on 12,5% rohkem kui eelmise aasta samal perioodil. Fondivalitseja jätkab aktiivselt portfellis olevate tugevate rahavoogudega objektide pangalaenude refinantseerimist eesmärgiga kasvatada dividendimaksete võimekust. Novembris laekus fondile suunatud aktsiaemissiooni tulemusel 1,6 miljonit eurot. Uus aktsiakapital kanti äriregistrisse 27.11.2025 ning uued aktsiad on kauplemises alates 02.12.2025. Fondi puhasväärtus (NAV) aktsia kohta oli novembri lõpus 20,7218 eurot, kasvades kuuga 0,7%. EPRA NRV oli novembri lõpus 21,6145 eurot, suurenedes 0,6%. Marilin Hein Finantsjuht Tel. 6559 515 E-mail: [email protected] (mailto:[email protected])
Content of announcement in English
Title
Net Asset Value of EfTEN Real Estate Fund AS as of 30 November 2025
Message
EfTEN Real Estate Fund AS generated consolidated rental income of EUR 2,703 thousand in November 2025, remaining at the same level as in October. The Fund's consolidated net rental income (NOI) amounted to EUR 2,568 thousand, decreasing by EUR 6 thousand month-on-month. Over the eleven months of 2025, the Fund earned a total of EUR 29.08 million in consolidated rental income, an increase of 3.1% compared to the same period last year. Consolidated EBITDA for the period reached EUR 24.45 million, representing 1.9% increase year-on-year. The adjusted cash flow (EBITDA minus loan principal repayments minus interest expenses) totalled EUR 11.9 million for the eleven-month period, increasing by 19.9% year-on-year. The increase was primarily driven by the cash flows from new investment properties acquired in the autumn of last year and in the spring of the current year, as well as by the decrease in EURIBOR. The Fund's weighted average interest rate on loans was 3.99% at the end of November. Based on the consolidated results for the eleven months of 2025, the Fund has generated potential gross dividends of 82.91 cents per share for investors, which is 12.5% more than in the same period last year. The management company continues to actively refinance bank loans secured by properties with strong cash flows, with the objective of increasing the Fund's dividend distribution capacity. As a result of the Fund's share issue in November, the consolidated cash balance increased by EUR 1.6 million. The new share capital were registered in the Commercial Register on 27 November 2025 and new shares are listed on December 2, 2025. The Fund's net asset value (NAV) per share was EUR 20.7218 at the end of November, increasing by 0.7% over the month. The EPRA NRV was EUR 21.6145 at the end of November, increasing by 0.6%. Marilin Hein CFO Phone +372 6559 515 E-mail: [email protected] (mailto:[email protected])